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BusinessJun 23What fuels global trade imbalances: China’s overcapacity or America’s failure to adapt?China’s industrial overcapacity should not be singled out for blame amid trade imbalances, as economies worldwide are struggling to adapt to shifts in the global economy, contributing to mounting pressures, a prominent Chinese scholar said in comments directed at the United States. “The reason why our imbalance is becoming a bigger problem is that the rest of the world is having a bigger problem in adjusting the economic structure,” said Huang Yiping, dean of Peking University’s National School...South China Morning Post
BusinessJun 23China’s trading crackdown seen boosting Hong Kong as official capital hubChina’s crackdown on cross-border securities trading could strengthen – rather than diminish – Hong Kong’s financial role, according to economists, as Beijing steers more capital through official channels and reinforces the city’s status as an offshore yuan hub. “I would argue that these moves make the importance of Hong Kong even bigger,” Diana Choyleva, founder and chief economist at Enodo Economics, said on Tuesday at the World Economic Forum’s annual “Summer Davos” meeting. Referring to...South China Morning Post
BusinessJun 23China and Australia forge innovative agricultural alliance | Narromine NewsChina and Australia are forming an innovative agricultural alliance, as reported by Narromine News. This signifies a new development in economic cooperation between the two countries.narrominenewsonline.com.au · Australia
BusinessJun 23Indonesia hails China’s backing for panda bond amid investor concerns over rulesIndonesia’s efforts to woo back Chinese investors may be gaining traction after Finance Minister Purbaya Yudhi Sadewa returned from Beijing with a multibillion-dollar funding commitment and political backing for the Southeast Asian country’s debut yuan-denominated sovereign bond. Whether the bilateral talks translate into lasting investor confidence in Indonesia’s economic fundamentals remains to be seen, as global companies continue to weigh Jakarta’s shifting rules, challenging budget outlook...South China Morning Post
BusinessJun 23China and Australia forge innovative agricultural alliance | The StandardChina and Australia have established an innovative agricultural alliance, aiming to enhance cooperation and development in the agricultural sector between the two nations. This collaboration suggests strengthening economic ties and potential benefits for both countries' agricultural industries.standard.net.au · Australia
BusinessJun 23China and Australia forge innovative agricultural alliance | The Maitland MercuryChina and Australia have forged an innovative agricultural alliance. This signifies a new collaboration in the agricultural sector between the two nations.maitlandmercury.com.au · Australia
BusinessJun 23Is China’s risk tolerance reaching its limit with pause of African mine deal?As China’s relationship with African countries has deepened, the country’s influence is spreading into more areas. In the latest of a series of articles, Dulue Mbachu investigates the extent of Chinese investments in the continent and Beijing’s growing wariness about their security. Chinese regulators balked at Zijin Mining’s planned US$4 billion acquisition of Canadian company Allied Gold, placing it on hold to scrutinise the potential risks. As a result, the agreement for the deal, already...South China Morning Post
BusinessJun 23China’s EV brands have Europe’s luxury marques in their sights: Zeekr executiveLuxury electric vehicle (EV) brands from China are poised to enter the same elite tier as established European marques by leveraging their disruptive technologies, according to Chinese EV maker Zeekr. “There is a gap between the demand for electric luxury cars and the supply, where Chinese carmakers have an edge,” said Zeekr vice-president Mars Chen. “I believe there will be one to two Chinese brands among the global top five [luxury vehicles].” With German giants Mercedes-Benz, BMW and Audi...South China Morning Post
BusinessJun 23How China’s currency makes the EU's trade deficit worse – and what Brussels can doEU leaders last week pointed to the undervaluation of the yuan as a major factor in the EU’s record trade deficit with China, which Brussels is taking steps to address.EuroNews [en]
BusinessJun 23Xinhua Commentary : Global supply chains dont thrive behind walls -- China Economic NetA Xinhua commentary published by China Economic Net argues that global supply chains cannot flourish under protectionist policies or barriers. It emphasizes the importance of open international trade.en.ce.cn · China
BusinessJun 23GSMA MWC26 Shanghai Set to Gather Global Mobile Community as Mobile is Forecasted to Add Over $2 Trillion to China Economy by 2030The GSMA MWC26 Shanghai event is planned to bring together the global mobile community. This comes as the mobile sector is predicted to contribute over $2 trillion to China's economy by 2030.philippinetimes.com · Philippines
BusinessJun 23China Ticking Time Bomb : Why The National Pension Fund Could Run Dry By 2035China's national pension fund is predicted to run dry by 2035, posing a significant future financial challenge. This situation represents a major economic concern for the country.chiangraitimes.com · Thailand
BusinessJun 23China's 618 shopping festival growth slows sharply as consumer spending malaise persistsThe latest consumer data reinforce how consumption in China remains subdued.CNBC
BusinessJun 23China Stock Market Tipped To Open Under WaterThe China stock market is predicted to open with significant declines, indicating a potential downturn. This forecast suggests negative economic sentiment and expected performance for the market.finanznachrichten.de · Germany
BusinessJun 23China rare - earth curbs squeeze Japanese manufacturersChina's restrictions on rare-earth exports are causing difficulties for Japanese manufacturers. This situation reflects a significant impact on global supply chains and industrial production.upi.com · United States
BusinessJun 22CNBC's The China Connection newsletter: Tackling EV trucks after success with carsBeijing's latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.CNBC
BusinessJun 22lululemon drums up more controversy in China—BNP ParibasLululemon is facing additional controversy in China, as noted by BNP Paribas. This suggests potential business challenges for the company in that market.Seeking Alpha Tech
BusinessJun 22Chilli exporters seek Spices Board intervention over rejections, China ban, registration issuesThree Indian companies suspended by China account for 20-30% of country's dry chilli exports to that country; the curbs are affecting farmer incomes, export volumes and India's credibility as a reliable supplier, says exporters' association in a representation to the Board SecretaryThe Hindu
BusinessJun 22Sands China Drives MICE Development to Advance Macao Economic DiversificationSands China is focusing on developing the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector to promote economic diversification in Macao. This initiative aims to broaden Macao's economic base.prnewswire.com · United States
BusinessJun 22EU's phase-out of China-made inverters gets a reality checkAs the EU plans to ban Chinese power inverters from EU-funded projects over cybersecurity fears, industry and investors are warning that European supply can't yet replace Chinese suppliers any time soon.EuroNews [en]
BusinessJun 22China’s green exports to the US surge as AI boom, Iran war lift demandChina’s exports of green-energy and battery products to the United States have accelerated amid demand in America’s fast-expanding AI sector, as cooling trade tensions and energy-security fears linked to the Iran war boost global appetite for renewable-energy equipment. Energy-related products posted some of the strongest gains among Chinese exports to the US last month, according to the latest customs data. Exports of unassembled photovoltaic cells surged 346 per cent year on year to US$39.96...South China Morning Post
BusinessJun 22Invesco Golden Dragon China ETF declares quarterly distribution of $0.0685Invesco Golden Dragon China ETF announced a quarterly distribution. This is a routine financial update for shareholders.Seeking Alpha Tech
BusinessJun 22CKGSB Hosts 10th Economic Symposium in Beijing , Spotlighting China - ASEAN and China - Europe Economic TiesThe CKGSB hosted its 10th Economic Symposium in Beijing, focusing on economic ties between China and ASEAN, as well as China and Europe. This event discusses regional and international economic relations.malaysiasun.com · Malaysia
BusinessJun 22CKGSB Hosts 10th Economic Symposium in Beijing , Spotlighting China - ASEAN and China - Europe Economic TiesThis article reports on the 10th Economic Symposium hosted by CKGSB in Beijing, which highlighted economic relationships between China, ASEAN, and Europe. The event focused on fostering international economic ties.philippinetimes.com · Philippines
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